When setting up a recruitment company one of the major considerations is how to ensure that the contractors are paid on time as well as how the payroll itself will be physically handled.
There are a number of different options including factoring, payroll funding and back office solutions all of which have their own advantages and disadvantages which hopefully we have covered in their own individual sections.
There are many who will advise that factoring is only available for established companies but that is not the case and we have close relationships with specialist funders who are happy to offer factoring and payroll facilities to new start recruitment companies and in many cases the facilities will come with no minimum annual fees or lengthy contract periods.
We are specialist factoring brokers and our services are completely free of charge so if you are setting up a recruitment company please feel free to contact us without obligation on 01827 707680
Factoring for Recruitment Solutions